This is the ReadMe file for the Small to Big EA MT4, developed by Forex Robot Easy Team. For detailed reviews and trading results of this product, please visit Forex Robot Easy.
The Small to Big EA is designed to perform automated trading operations in the foreign exchange market on the MetaTrader 4 platform. It uses a grid trading strategy and adjusts take profit and grid order distance dynamically based on exposure and volatility.
This EA supports the following currency pairs:
- AUDCAD
- AUDNZD
The trading operations are performed on the H1 timeframe.
In the OnInit function, necessary indicators and variables are set up for the EA to function properly.
The OnTick function is the main loop of the EA. It checks if the trading conditions are met, performs necessary calculations and analysis, and executes the trade.
The IsTradingConditionsMet function implements the logic to check if the trading conditions are met. It returns true if the conditions are met, and false otherwise.
The CalculateTakeProfit function calculates the dynamic take profit based on the current exposure and volatility. It returns the calculated take profit value.
The CalculateGridOrderDistance function calculates the dynamic grid order distance based on the number of trades and volatility. It returns the calculated grid order distance.
The Trade function performs the actual trade, using the calculated take profit and grid order distance. It also prints the trade details for logging and analysis purposes.
The OnDeinit function is called when the EA is being stopped or removed from the chart. It cleans up any resources used by the EA.
Please note that ForexRobotEasy is not the official developer of this product. This code is only a sample that can work as described in the product. To find the official developer of this product, please use MQL5.